The Nigerian currency, the Naira, rose to 1140 on the Parallel market on Thursday, November 16 even as inflation soars to its highest record in two decades.


On Wednesday, the country’s currency maintained relative stability as it traded at N1120 against the Dollar on, the same rate quoted on Tuesday.


The development comes as the National Bureau of Statistics’ latest Consumer Price Index data puts the October inflation rate at 27.33 per cent from 26.72 per cent in September.


The latest inflation rate in Nigeria represents the highest in two decades.


https://www.lindaikejisblog.com/2023/11/naira-goes-up-to-1140-against-us-dollar-at-parallel-market-as-inflation-soars-to-highest-in-two-decades-2.html

If you no fear those in charge of this government ehen. Meanwhile, hear the useless lying government;
"Inflation Rate: Monetary Policies Yielding Desired Results" Says CBN
https://punchng.com/inflation-rate-monetary-policies-yielding-desired-results-says-cbn/?utm_source=telegram&utm_medium=social

I wonder how families who earn below 300k monthly survive

Tinubu totally destroyed Nigeria economy ooo

South west and the north can't manage the economy

APC doing wonders.

So finally, #1100 to a dollar is the benchmark

This is something that was about #700 to a dollar before Tinubu took over five months ago

Oilwell:
The Nigerian currency, the Naira, rose to 1140 on the Parallel market on Thursday, November 16 even as inflation soars to its highest record in two decades.


On Wednesday, the country’s currency maintained relative stability as it traded at N1120 against the Dollar on, the same rate quoted on Tuesday.


The development comes as the National Bureau of Statistics’ latest Consumer Price Index data puts the October inflation rate at 27.33 per cent from 26.72 per cent in September.


The latest inflation rate in Nigeria represents the highest in two decades.


https://www.lindaikejisblog.com/2023/11/naira-goes-up-to-1140-against-us-dollar-at-parallel-market-as-inflation-soars-to-highest-in-two-decades-2.html

Renewed Shege pro Max on the beat, 2000 against Dollar in December

This must be the fault of Peter Obi

kcprince:
I wonder how families who earn below 300k monthly survive

some earn below 100

Chinjo2:
This must be the fault of Peter Obi

I blame the Obidient crew, they shouldn't have campaigned for Peter Obi

Tinubu will develop Nigeria they way he developed Lagos, Ronu people not go kill person for this country

And we are supposed to celebrate

When people say the naira would strengthen against the dollars, I laugh. When you have a clueless man as a leader whose only source of income is drugs and politics what do you expect? He has not value as to how money should be managed because he has never earned a honest living as his life. If I have 10 billion naira, I would buy dollars and keep. Sell when it gets to 5000 naira.